Premier Insurance Limited (PSX: PINL)

Premier Insurance Balance Sheet

Financials in millions PKR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Equity & Preferred Securities	998.45	877.25	790.23	1,129	1,202	930.75
Other Investments	-	83.54	71.23	-	-	-
Total Investments	1,346	1,308	1,183	1,427	1,478	1,199
Cash & Equivalents	50.15	40.69	57.88	91.29	41.29	99.18
Reinsurance Recoverable	460.57	527.85	738.88	1,008	674.91	632.5
Other Receivables	405.27	276.7	353.74	354.49	429.14	419.97
Property, Plant & Equipment	207.78	196.59	205.21	213.57	221.74	232.38
Other Intangible Assets	0.42	0.54	0.78	1.11	1.98	2.83
Other Current Assets	169.79	92.41	145.41	201.81	191.39	163.37
Long-Term Deferred Tax Assets	51.42	50.75	50.33	47.83	46.43	44.39
Long-Term Deferred Charges	23.21	28.87	37.02	26.31	21.65	25.74
Other Long-Term Assets	160.01	93.9	71.9	108.2	142.79	137.85
Total Assets	2,875	2,616	2,844	3,479	3,249	2,957
Accrued Expenses	157.98	159.01	190.32	196.51	197.8	212.3
Insurance & Annuity Liabilities	662.32	469.77	411.41	420.33	548.93	454.17
Unpaid Claims	552.54	607.49	897.21	1,027	700.57	682.11
Unearned Premiums	321.77	285.98	359.39	341.84	299.07	257
Current Portion of Leases	-	0.77	2.28	2.25	2.33	2.57
Long-Term Leases	12.25	3.18	5.7	7.97	7.89	10.38
Other Current Liabilities	36.42	39.1	39.25	39.49	39.51	42.19
Other Long-Term Liabilities	129.81	96.23	75.22	104.08	110.98	135.13
Total Liabilities	1,879	1,668	1,989	2,147	1,912	1,800
Common Stock	505.65	505.65	505.65	505.65	505.65	505.65
Retained Earnings	29.05	8	-0.9	189.33	218.29	335.28
Comprehensive Income & Other	461.47	433.74	350.66	637.41	612.97	316.1
Shareholders' Equity	996.17	947.4	855.41	1,332	1,337	1,157
Total Liabilities & Equity	2,875	2,616	2,844	3,479	3,249	2,957
Filing Date Shares Outstanding	50.57	50.57	50.57	50.57	50.57	50.57
Total Common Shares Outstanding	50.57	50.57	50.57	50.57	50.57	50.57
Total Debt	12.25	3.95	7.97	10.22	10.22	12.95
Net Cash (Debt)	37.91	36.74	49.9	81.07	31.07	86.23
Net Cash Growth	-32.12%	-26.38%	-38.44%	160.93%	-63.97%	63.36%
Net Cash Per Share	0.75	0.73	0.99	1.60	0.61	1.71
Book Value Per Share	19.70	18.74	16.92	26.35	26.44	22.88
Tangible Book Value	995.75	946.85	854.64	1,331	1,335	1,154
Tangible Book Value Per Share	19.69	18.73	16.90	26.33	26.40	22.83
Land	-	140.45	140.45	140.45	140.45	140.45
Buildings	-	21.55	21.55	21.55	21.55	21.55
Machinery	-	105.97	110.19	115.99	131.92	135.95
Construction In Progress	-	26.11	26.11	26.11	26.11	26.11

Source: S&P Capital IQ. Insurance template. Financial Sources.